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Download or read book Democratic Republic of Timor-Leste written by and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Democratic Republic of Timor-Leste Public Expenditure Review written by and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Weltbank
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (931 download)
Download or read book The Democratic Republic of Timor-Leste written by Weltbank and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The specific objectives of the Public Expenditure Review (PER) were to: increase the poverty reduction impact of the expenditure program through an emphasis on service delivery and accountability at all levels; and stimulate transparency and enhance accountability through improved availability and dissemination of information on expenditure issues. Following the broad objectives laid out in the National Development Plan (NDP), the Government of Timor-Leste has sought to restrain expenditures at sustainable levels and ensure that expenditure allocations are consistent with the NDP's development priorities, giving particular priority to basic education and health services. The core financial management system compares favorably with that of other low- income countries and fiduciary arrangements are basically sound, if still incomplete, but agency level financial management systems are often rudimentary and the viability of the system as a whole is threatened by the scheduled departure of key expatriate personnel. Furthermore, improvements in agency level expenditure and procurement planning, together with improvements in procurement administration, will be needed if the Government is to bring budget execution in line with appropriations and improve service delivery. Timor-Leste faces three main challenges in developing the civil service in the post- Independence era: controlling the size of the civil service, developing an appropriate pay policy, and establishing basic, but critical, management systems. Key issues and strategic directions in education include improving access, efficiency, and quality will involve a combination of supply-side and demand-side interventions. As the education system shifts from reconstruction to longer-term development, expenditure policy will need to focus on aligning resources toward established policy objectives while accommodating a gradual reduction in external financing. Basic management systems and mechanisms for channeling resources directly to schools will be critical if budget execution rates are to improve. In the road transport sector, the main challenge is to create and implement a strategy for sustainable provision, rehabilitation and maintenance of roads. With regard to the health sector, the Government of Timor-Leste has made significant progress in re-establishing health services and can now turn its attention to operationalizing health sector strategies. A revised service configuration recognizes financial and ...
Author : Weltbank
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (125 download)
Download or read book Democratic Republic of Timor-Leste Public Expenditure Review written by Weltbank and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Timor-Leste Government's 2011-2013 strategic development plan (SDP) outlines its plan for achieving upper-middle income country status, with a secure, well-educated, and healthy population, by 2030. It argues that the four key national attributes of political will, economic potential, national integration, and a dynamic population will underpin the achievement of this vision. The development of infrastructure is a core pillar of the SDP. Thus, the SDP outlines specific plans for a number of large construction projects for the development of roads and bridges, water and sanitation facilities, electrical power generation facilities, telecommunications, and ports. The SDP recognizes that Timor-Leste currently lacks the core infrastructure required to support a modern and productive economy. According to the SDP, government spending on infrastructure will drive high, double-digit rates of economic growth in the short and medium term, contributing to a rate of growth of 8 percent by 2020. The SDP also emphasizes the construction of infrastructure as a means to achieve its stated goals in the pillars of economic development, notably agriculture, and the development of social capital. The SDP commits the government to a significant school building program and to the expansion and rehabilitation of health facilities such as local clinics and hospitals.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 145521261X
Total Pages : 64 pages
Book Rating : 4.4/5 (552 download)
Download or read book Democratic Republic of Timor-Leste written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-11-24 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Timor-Leste weathered the global financial crisis well and experienced healthy economic growth rates. It has made solid progress in strengthening the public financial management systems. The budget document provides comprehensive information; fiscal transparency is high. The Ministry of Finance lacks the time and capacity for adequate review of rationale, costing, and impact of public investment. Internal and external audit form the largest gaps in the present public financial management system. Buy-in and long-term commitment from development partners will be essential.
Download or read book Timor-Leste Social Assistance written by and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : World Bank
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (128 download)
Download or read book Timor-Leste Public Expenditure Review written by World Bank and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This Public Expenditure Review is focused on the quality and sustainability of public spending. The key objective of this Public Expenditure Review (PER) is to assess the quality of public spending, by evaluating its efficiency and effectiveness, while also delving into sustainability considerations, by gauging domestic revenue mobilization and the fiscal implications of current spending levels. This work aims to strengthen the evidence base for decision-making on public expenditure and revenue management. Its scope does not include a strong focus on equity, owing to the lack of a recent household survey, the last survey of livings standards was conducted in 2014. Nonetheless, equity dimensions are considered whenever possible and relevant evidence is mentioned. Overall, the analysis underscores the need for prioritizing and improving the quality of public investments, rationalizing undue recurrent spending and enhancing revenue collection.
Author : International Monetary Fund
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781451837346
Total Pages : 63 pages
Book Rating : 4.8/5 (373 download)
Download or read book Democratic Republic of Timor-Leste: Selected Issues and Statistical Appendix written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2007-02-28 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper presents evidence on linkages between investment and growth observed in other countries to gauge the expected impact of increasing public investment in Timor-Leste. The results indicate that the level of capital expenditure envisioned in the government's strategy could significantly boost economic growth and reduce poverty. The paper reviews the major issues related to tax policy reform in Timor-Leste. It also discusses the current direction of Timor-Leste Petroleum Fund asset management and issues that might arise with eventual asset diversification.
Download or read book Democratic Republic of Timor Leste, Staff Report for the ... Article IV Consultation written by and published by . This book was released on 2004 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Bernard Harborne
Publisher : World Bank Publications
ISBN 13 : 1464807671
Total Pages : 334 pages
Book Rating : 4.4/5 (648 download)
Download or read book Securing Development written by Bernard Harborne and published by World Bank Publications. This book was released on 2017-03-01 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: Securing Development: Public Finance and the Security Sector highlights the role of public finance in the delivery of security and criminal justice services. This book offers a framework for analyzing public financial management, financial transparency, and oversight, as well as expenditure policy issues that determine how to most appropriately manage security and justice services. The interplay among security, justice, and public finance is still a relatively unexplored area of development. Such a perspective can help security actors provide more professional, effective, and efficient security and justice services for citizens, while also strengthening systems for accountability. The book is the result of a project undertaken jointly by staff from the World Bank and the United Nations, integrating the disciplines where each institution holds a comparative advantage and a core mandate. The primary audience includes government officials bearing both security and financial responsibilities, staff of international organizations working on public expenditure management and security sector issues, academics, and development practitioners working in an advisory capacity.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 145183733X
Total Pages : 56 pages
Book Rating : 4.4/5 (518 download)
Download or read book Democratic Republic Of Timor–Leste written by International Monetary Fund and published by International Monetary Fund. This book was released on 2007-02-28 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Timor-Leste had made good progress in establishing the basis for a stable and healthy economy prior to the civil unrest in 2006, although it remains one of the poorest countries in the world. This 2006 Article IV Consultation highlights that real non-oil GDP growth turned positive in 2004–05 after contracting for two years. Macroeconomic stability was achieved through the early adoption and maintenance of prudent fiscal and monetary policies. The authorities have maintained a policy of avoiding domestic or external borrowing, hence there is no public sector debt.
Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 81 pages
Book Rating : 4.4/5 (2 download)
Download or read book Democratic Republic of Timor-Leste written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2022-09-22 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: Timor-Leste has made impressive strides in economic development and institution building. Yet, it is a low-income and fragile country with pressing development needs. A large fraction of the population faces chronic food insecurity, and significant gaps exist in health, education, and infrastructure. With active oil fields nearly depleted, little progress has been made in diversification while fiscal sustainability is at high risk. Higher food and oil prices are fueling higher inflation, exacerbated by political spending pressures ahead of the general elections in 2023.
Author : A. Premchand
Publisher : International Monetary Fund
ISBN 13 : 1451854560
Total Pages : 42 pages
Book Rating : 4.4/5 (518 download)
Download or read book Issues and New Directions in Public Expenditure Management written by A. Premchand and published by International Monetary Fund. This book was released on 1996-11-01 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: The public expenditure management system is in a state of flux. Traditional approaches of expenditure management have serious limitations in addressing current and future tasks. The new approaches toward improved expenditure management, which emphasize the creation of task-oriented agencies, performance agreements, and competitive tendering and contracting, have considerable potential in meeting the tasks. But it is essential to address the detailed operational aspects of these new approaches so that they do not contribute to a shadow government or a government that continues to be weak in regard to contracts and third-party transactions.
Author : Daniel James Bloomer
Publisher :
ISBN 13 : 9780473241216
Total Pages : 21 pages
Book Rating : 4.2/5 (412 download)
Download or read book Irrigation Development written by Daniel James Bloomer and published by . This book was released on 2013 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Monetary
Publisher : International Monetary Fund
ISBN 13 : 1513593250
Total Pages : 84 pages
Book Rating : 4.5/5 (135 download)
Download or read book Timor-Leste: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Timor-Leste written by International Monetary and published by International Monetary Fund. This book was released on 2021-07-14 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although Timor-Leste has made considerable progress in many areas since its independence in 2002, it faces significant medium-term challenges. The nation has pressing development needs, young institutions, and is highly dependent on oil. Oil revenues from active fields, which have been the main source of funding for government spending, are drying up. The non-oil private sector economy remains underdeveloped and lack of good jobs and high youth unemployment are serious concerns.
Author : Asian Development Bank
Publisher : Asian Development Bank
ISBN 13 : 9292570072
Total Pages : 198 pages
Book Rating : 4.2/5 (925 download)
Download or read book Growing the Non-Oil Economy written by Asian Development Bank and published by Asian Development Bank. This book was released on 2015-07-01 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report investigates Timor-Leste's potential to develop a vibrant, stable, and diversified economy that is not dependent on oil revenues. Implementing challenging reforms across the private sector, banking and finance, agriculture, infrastructure, and judiciary requires sound policies and effective legislation. The Government of Timor-Leste shows promising reform appetite and willingness to engage the private sector in developing alternate investment options to attract business to the country. Yet, significant challenges remain to ensure that rebuilding efforts and institutions are managed effectively to benefit all Timor-Leste's citizens. This report was produced by the Pacific Private Sector Development Initiative, a regional technical assistance facility cofinanced by the Asian Development Bank (ADB), the Government of Australia, and the New Zealand Government.
Author : Jens Kromann Kristensen
Publisher : World Bank Publications
ISBN 13 : 146481466X
Total Pages : 168 pages
Book Rating : 4.4/5 (648 download)
Download or read book PEFA, Public Financial Management, and Good Governance written by Jens Kromann Kristensen and published by World Bank Publications. This book was released on 2019-11-24 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This project, based on the Public Expenditure and Financial Accountability (PEFA) data set, researched how PEFA can be used to shape policy development in public financial management (PFM) and other major relevant policy areas such as anticorruption, revenue mobilization, political economy analysis, and fragile states. The report explores what shapes the PFM system in low- and middle-income countries by examining the relationship between political institutions and the quality of the PFM system. Although the report finds some evidence that multiple political parties in control of the legislature is associated with better PFM performance, the report finds the need to further refine and test the theories on the relationship between political institutions and PFM. The report addresses the question of the outcomes of PFM systems, distinguishing between fragile and nonfragile states. It finds that better PFM performance is associated with more reliable budgets in terms of expenditure composition in fragile states, but not aggregate budget credibility. Moreover, in contrast to existing studies, it finds no evidence that PFM quality matters for deficit and debt ratios, irrespective of whether a country is fragile or not. The report also explores the relationship between perceptions of corruption and PFM performance. It finds strong evidence of a relationship between better PFM performance and improvements in perceptions of corruption. It also finds that PFM reforms associated with better controls have a stronger relationship with improvements in perceptions of corruption compared to PFM reforms associated with more transparency. The last chapter looks at the relationship between PEFA indicators for revenue administration and domestic resource mobilization. It focuses on the credible use of penalties for noncompliance as a proxy for the type of political commitment required to improve tax performance. The analysis shows that countries that credibly enforce penalties for noncompliance collect more taxes on average.
